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To plaa uid aonti~wo~aly kNp on tM buildinps now a ha~aftN situaM on said Iand snd oe di equipnNM a~d P~o^~~h oow~~d b1? 1~S ^~p'
W~. with d) pnmiunq M~eteon paid in full, fih Insuranc~ in tM uswl sundard policy fonn. in • sww approwd b1l tl» N10RiGJ1GEE. ~nd wirwktam
Insw~nq in tM usw) ~tandud policy fan~, in a wm ~pprov~d by tM MORTGAC,EE, in wci+ canp~nY a ao^'P+^ie~ ~t th~ ~TGA3EE ~n+y
di.Mt ~nd all fk~ aod wlrKblon+~ imuwe~ polici~s on ~ny of Nid buiWirp!„ My IfIfNKI MNl~n Or pl~'1 tI~MNf. In tM apprpaq swn ~lor~s+id a
In ~xaa tMnof, sh+ll cvn~aln tM wwl standud matqayk cl~vs~ or soch otha dws~ a tM Ma~papM m+y rquir~. m+Ai~4 ti+~ loas wwla s+id pdi~
cin. Nch and ~wry. p~Yabl~ b aW MORTGAGEE a in interest rn~y ~pp~ar. and each ai+d ~vtry tuth poliq sMll b~ pron+pth ~ss:pn~d ~+d dsliwnd 10 , ;
.ny h.Id by w~d MORTGAGEE a fwrh.r sKwiry ro,+id morrysy. deb~. and. ~at I~ss fh~+ t~n l10) da~rs in ~dvanc~ of tM ~xpk~tioo of Nch polkll. b~ '
liwr ro ~akl MORTGAGEE a nMwal tMhof. IopNMr wlth a roo~ipt for tM pnmiuen of such r~~ewalj end then sMlt~M ~o f'u~ or wlndttam Inawu~a ~
plaud an ~ny of ~aid b~?itdinp~„ u~y lntKes~ tM~Nn a PKt tMroof. vol~ss io th~ form and with tM loss p~y~bl~ u~fons+idj and 1n tM ~wnt ~ny wm
of maMy b~con~a pay~bl~ v~r wch poticy a polici~s wid MORTGAGEE shall Mw rM optan ro reuiw and appty t!w s+n~ on accouM o1 tM ind~bred~
n~u sKw~d Mr~by or b pumit said MORTCsAGORS lo rsteive and use h w any parf thereof (w oti+cr purposes, withoW thereb~ waivin~ w imp+'n.
irq anY puitr. li~n a ri~Fu ~ a by virtw of this R.wt9aper u~d i~ t1a ~wn~ ~+~d MORTGAGORS ~hall fa ~ny nason fsil to ke~p th~ s+id Phmiws w
In~vnd, o? fafl b deliwr pranptly sny of s+id polici~s of fnw~anc~ ro said MORTGJ?GEE, or fail promptly to p~y fvlly u~y prHniwn thaefor or ~ any
r~sp«a (~il b pwtomA, dixMrp~, ~x~cut~, ~ff~, oompbte, comply wirh ~nd abid~ by this aown+nt, or ~ny part I~~of, uid MORTGIIGEE m~y pl~a +nd
P+r for wd~ krw~na a any p~rt tMrwf wi~hout waivi+g w~ffedkp +nY aMion. lien. M~?~tY. w ripht wd~r or by virtw of this Mo?t~. and tM
full amovnt of ~ad~ ~nd w+ry wch p~yeewnt shall b~ NNrwdiaaly du~ ~ed p~yabb ~nd sh+ll b~+r N?»*~st fran th~ dat~ thawf until p~id tl tM rat~ ol
n~n~ pa antum pa ~mum and topsther wNh svd+ interest ~11 b~ aecw~d by tM liu~ of this mat9ap~• ;
1. To p~rmN. oomndt or wffK no wasM. 6nMWirrMnt w deterior~Yan of s~id prope~ty or ~ny pat tMreof.
S. To par all and sb~pulr tht oost~. chup~s and ~xpensss, inctudinp a rea~«»bl~ a~orney's fe~ and cosn of ~bstwcts of title. lncur.~d w p+id at
•ny tten~ by s~id MORTGAGEE. Mcavs~ a te tM tv~nt of ~M isilwe on the put of th~ s~id MORTGAGOR w d~rly. pr«npty ~nd fvlN pe~fonn, d~schua~
•xecvt~, ~ffad. oomphtR, oomply with and ~b3de by tad~ and every the sY~pulat~ons, agreements, conditions and oown~nri of s~id p~omi:sory oot~ and thlf ~
R+ortp+0~ ~nY a ~itMr. and uid oosa. cM+O~s aod exp~nas, each and every, shall b~ immsdist~ly due ~nd pay~bles wMtF~ w not thK~ b~ notice d? •
m,nd, ~tM~?t to oolbct or wtt pKidinpt and tM full anount of esth aod tvery wch payment thall bear int~r~st fran tM d~t~ th~reof vntil p~id ~t tM
rate of nln~ per antum p~? ~ewwmt ~nd ~II said cos?~, cMrpes snd expenses i~cwrad w paid, together with uxh inter~at, ~t~+ll b~ s~ar~d by th~ li~n of thi~
t
mortQap~.
b. 1Mt in tM ~wnt of any bnach of this AAatysp~ w default on the pan of the MORTGAGOR, a(b) in th~ ~wnt ~ny of s~id wna of mon~y
heretn nf~~d to b~ ~wt p~anptly ~nd fulty p~id withie? tF~irty (30) days next after the ~ams severally beoonw dw and payabb. withow dNnu~d w notia.
or in tM ~veM ~ad~ and ~very ih~ stip~latioen, agreements, condi~ions and coverwnn of sa~d promissory note and thN mortpap~ ~ny w eithN ~h na
iufy, promptly and fully p~rfam~d, discMrped. ~xecuted. ~ffected. compteted, canplied with and sb~ded by. tMn in ~i~Mt or any svch ~vent tM said +p~
~rayaN wm nN~?tiawd in ~aid pranis~ory not~ then rem~ininp unpaid, with interest scuued. aod all mon~ys t~cw~d.l~~by. shall b~aoeN du~ ~nd pay~
eb1• forthwith, a tMttahN, at tM oplion of said MORTGAGEE, u fully +nd completely as ii all of the ssid swes of maMy wer~ wpin~lly stip~lated
to be paid on wch day, anythkp in s~id promissory note or in this Mortyage to tAe contrsry notwitlat~ndinpj aed tMr~upon or tMreaher at th~ option of
said MORTt3AOEE. witF~oot eoY~u or dam~nd, wN at law or tn eqvity, therefore or thareafter beyun. may M prowcuud as ff alt morNyi Ncur~d hu~by ~
had rtwtund pri0t to ib Inttitution.
7. Th~t in !h~ ewnt tMt ~t th~ b~yinning of or at any time pending sny wit upon t6is Mortg~e, or to foraelos~ k, a to nform N, a to ~nfwa j
paym~nt of any d~ina Mr~und~r, said MORTGAGEE shall spply ro the Court h~ving jurisd~ction thereof fw tM appointm~nt of ~ Rsceiver, such Ca+rc !hdl ;
forthwlth appolnt ~ no~ivN of si mortpaped propaty all ~nd singubr, incl~d~ng all and singvlar 1M incortK, profits, Issws and nvenues from wh~t~v~r '
wuru duiwd, Nch and ~wry ~which, if b~inp expreuty understood, is hereby mo.tgsged as if spedficslly set fonh ~nd deWiMd In tAf. QrMlinp ind '
hab~ndwn daw~a Fwsof. and ~uch Reuiwr ahall have ~II the brosd and effettive funct~ons and powen in anywise entnnted by ~ Court t~ a Repivu, snd ~
~uch ~ppointmtnt shdl b~ mad~ by wch Cowt a an admitted equity and a rrwner of absolute ~i9ht to wid NIORTGAGEE. ~nd without nfe?~nct b th~
~d~qu~c~r ar in~d~qwcy of tM v~lw of th~ properqr mort~aged or to the wtvency or insotvency of said MORTGAGOR a the defendants, and that wd~ ~
renn, profits tncan~, is~ws and rwenWS sh~ll b~ appli~d by wch Receive~ sccwdinp to the lien w equity of said MORTGAGEE and th~ praetia of wch ~
Court.
8. To duly. pramptly u+d fully pufwm, dachar9s, execute, effect, compkte, oomplY with and ~bids by each and w~ry th~ stipul~tio~a„ prNnwet~.
condition~ and aovenants in wid promisso.y oor~ w+d this mort9age tet for~h. '
9. ihat in 1M ~wm th~ ovvnership of the mortg+ped premises, or any psrt tF~eof, beoomes vKt~d In a. pKSOn otlw? th~n th~ Mt)RTGAGOR, th~
MORTGAGEE, if~ rua~sson u+d assip~s, m+y, withow notice to the MORTGAOR, deal with such s~ccessw or succKwr in iMerest with nf~ ro tha
mortpp~ ~nd ths debt hereby s~tured in th~ ssme mamer u with lNortg~gw withovt in any way vitiatirg or distharpirg the Mortypw~' (iab~liry h~r?
under w upon th~ debt hKeby sewred. No s~le of the prem~xs hereby mo~tgaged and no fwbearence on the p+rt of th~ MORTGACaEE or Ns woteswn
or auigro and no extsnsan of the time fw the payment of the debt hereby secured yiven by the MORTGAGEE or in sucte~soa a usipru, shall op~rat~
ro releas~, d'ach~~ye, modify chanp~ or ~ffecr tM original liabiliy of the MORTGAGOR here'm, either in whole or in put.
10. It b specifically a~resd that time is of the essence of this contact and tMt no wsiver of any obliysYwn hera~x~de? w of th~ oblip~tion sr !
cursd Iwnby sh~ll at ~ny tim~ th~reaher b~ held to be a waiver of the terms hereof oc of tM instrument secvr~d Mrby.
11. In addition to the fotego:ng monthlY payments of princ:pal and interat required by the p~omissory note secured hereby, mort~+got covenaMS ~
and agrees to pay to mortyapes with esch monthly psyment an additional sum estimated by matgsgee to be eqwl to 1/lZ of the annwl cost of the follow- ~
in~: , .
I; A-All rtal property faxes kvied w assessed a9sinst the above described real estate.
j B-Pr~miums on fin ~nd windttwm inwrante ss herein requ~?ed to be urried on the improvem~nb sitvate oe fhe above described premites. '
~ C-Premiums on such mortysge ywranry insurance as mortgagee shall from time to time deem fit to urry on the loae seevred hereby. `
Morty~ee ahall from time to Y~me notify mwtgagor ie writing of the amount due and psyabk he~eunder and such wm sMll there~pon be due and ~
payable on the due date of the next moe+thly payment and each successive month thereafter until mortgsgee sh~ll notify mo~tg~gor of s chang~ in such ~
amounf. Such swns sFull be epplied by mortpapae toward the paymenf of real p~operty taxes, insurance prem:ums, and mortyape pwranfy iroursnc~
premiums.
IN WITNESS WHEREOF, ths s~id MORTGAGOR has hereumo set his hand and sesl the day and yeu fint ~foresaid. ~
S~.d an~d.~ iwnd in pr of:
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STATE OF fLORIDA ~ ~ • ;
Sgint Luaie `
courmr oF . ~
~.py ,p~.,r.d (}Aer~e T Cre 8 Se4 •nd '
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Ruth n_ C1~AS399 his wHe, to me well known and krawa to me to b~ ~
the ind'rvidwb desvibed ia ud wf+o execvted the fweooirg instrua~ent, and scknowledged before me that they execvted tMe same for ths pwposes =
tt,erein .up..s~ed. Md +t» .~~a fii~h D. CI`easey ~
_ _ ~
wifs of tM s+id ' upon a sep~rat~ u~d pinaM j
exam~n~tion by m~-taken sep~rate and ~psrt from said husbar~, ackrwwledped to and before me that she exearted said i~strvment fraely ~nd volwr t
rarily and withovt any compubion, coratraint, apprehension, w~r of or from her said husband. ~
WITNESS my hsnd ~nd offitial seal this ~ day of A. D. 19~ ,
Notsry Public in ud fw the Stat~ of Florida ~f lup~ i
~ ~ . My Commisiion e:pires: f
R~t~m Ta . a • ~ , State ~1 Florid~ at L.~s9e
F~?st ~.i s.~. a~.~, ~?..oa.~~, ' M~mm+ssw~, ccs !lor. 3, e3 (e 9
or f«~ PK.~e. FILED AND RECOROED' . E~?~y~ y~,,,,,,, ~
~«r P~.~, Fi«~ ST. LUCIE COUN?Y. R~-~?~~ ~,.~.+w . ~
` RECORD VERIFIED ; :?.~:f:,:
15`7'42S - . .,~~''nc.~s~;j
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6T JUN 26 3 • : ~ : ' . -
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ROGrR POITR OUR7 " ~r ~~~,o ' ~
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- . C~„ERK CIRCUIT C •
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